AGGREGATE LICENSING
First Claim
1. A method for licensing a product for a minimum licensing fee, comprising the steps of:
- a. accepting offers from a plurality of offerors;
b. aggregating said offers;
c. checking to see if the sum of said aggregated offers equals or exceeds said minimum licensing fee; and
d. if said minimum licensing fee is equaled or exceeded, granting a license to use said product to said plurality of offerors.
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Accused Products
Abstract
A system and method for the on-line licensing of reproducible digital works includes a listing service which allows a plurality of ad-hoc offers to be aggregated to create a licensing fee minimally acceptable to the creator of the work. All qualified contributors to the aggregated fee are thereafter entitled to a license to a reproduction of the work. The system allows the creator of the work to list the work on-line and specify a minimally acceptable licensing fee. The system keeps track of all offerors and their respective offers until the sum of the offers exceeds the minimum licensing fee specified by the owner of the work. The licensing fees are then collected from all offerors and the work is distributed. A listing fee may be extracted from the aggregate fee to be paid to the owner of the work.
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Citations
25 Claims
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1. A method for licensing a product for a minimum licensing fee, comprising the steps of:
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a. accepting offers from a plurality of offerors; b. aggregating said offers; c. checking to see if the sum of said aggregated offers equals or exceeds said minimum licensing fee; and d. if said minimum licensing fee is equaled or exceeded, granting a license to use said product to said plurality of offerors. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24)
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25. A method of accepting a minimum number of orders at a set price for a tangible product, comprising the steps of:
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a. advertising said tangible product at one or more prices, said prices being determined by the minimum number of offers required at each of said prices; b. accepting offers from a plurality of offerors at one of said one or more prices; c. checking to see if the number of offers at any one of said one or more prices exceeds the required minimum number of offers at that price; and d. delivering said tangible product to each of said offerors submitting offers at or above said price for which a minimum number of offers have been received.
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Specification